For everyone who was wondering why federal prosecutors were taking their sweet time in going after Councilmember Harry Thomas, Jr. (D-Ward 5) for steering $300,000 of city funds to himself, the wait may be over — WTOP’s Mark Segraves reported that the FBI is searching his home and car this morning.

Thomas, who agreed to pay back the money but admitted no guilt in a settlement with D.C. Attorney General Irv Nathan, is apparently not yet under arrest. WJLA reports that FBI officers have been going in and out of his Northeast home, though, and have taken an interest in a SUV, possibly the same Audi Thomas is said to have bought with the city funds.

More info as it become available.

Update, 10:10 a.m.: WJLA’s Sam Ford just called in to TBD’s NewsTalk with Bruce DePuyt and reported that both the IRS and FBI are at Thomas’ house. They’ve been pulling documents out of a garage and a gray Chevy Tahoe — not the Audi as we originally conjectured. The Post’s Tim Craig tweets that a tow truck has been called in to tow the SUV. Thomas’ lawyer, Fred Cooke, is at the scene, but like the feds, he hasn’t yet commented.

Update, 10:15 a.m.: The City Paper reports that two or three garbage bags worth of papers have been removed from the house. Segraves tweets a comment from a D.C. Council staffer: will Thomas be around on Monday for a planned markup of a comprehensive ethics bill?

Update, 10:45 a.m.: The City Paper has a great primer on the Thomas affair, so read for all the background you could want. Also, Thomas really didn’t know this was going to go down today — at 7:21 a.m., he tweeted for people to join him at an event with the Capitol Area Food Bank at the Brentwood Shopping Center.

Update, 11:45 a.m.: It looks like the feds aren’t yet taking Thomas’ SUV, but rather his motorcycle.

Update, 12 p.m.: Now it looks like the Chevy Tahoe is going too, reports the Post’s Mike DeBonis.

Update, 2:40 p.m.: While the City Paper wonders what that seized SUV and motorcycle might mean — nothing good, for sure — the D.C. Council is scheduled to meet at 4 p.m. to discuss personnel matters, tweeted DeBonis. The meeting will likely be closed to the press.

Update, 5 p.m.: A council meeting set for 4 p.m. today was rescheduled when only seven members showed up. D.C. Council Chair Kwame Brown said he wanted more of his colleagues present.